Lead Stories
Donor Must Recognize Gain on Gift of Stock And Loses Deduction for Bad Appraisal
Court says gift was made when sale of stock was assured and gift of property was not properly appraised
Trustees May Not Unilaterally Modify Trust To Qualify as Charitable Remainder Annuity Trust
Document required “annuity” payment of the greater of all net income or $50,000 a year to income beneficiaries
Carnival Producer is ‘Professional Solicitor’ Under Charitable Solicitation Registration Law
Court says advertising events in connection with charities constitutes solicitation and requires registration
Ready Reference Page
Private Operating Foundations Are Hybrids
Organizations which are not publicly supported but use most of their assets and income in the active conduct of their charitable activities avoid some private foundation limitations.